I believe we can all achieve our financial goals by learning from each other and supporting one another in this exciting journey.Looking forward to connecting with you all!

We are in an environment of one of lowest unemployment, lowest defaults in history and have significant inflation.

This is very helpful.If we rented our home (and purchased a second home) we could likely purchase another investment properly in roughly 12-24 months after, but this would depend on how creative we'd get with financing.Totally agree about having all eggs in one basket. 

Taxes are just one of many things to consider but decisions on real estate should not be solely based on tax consequences.

Let me tell you how much I agree with Kerry on this one lol.

Was doing a short on it before and they gave payoffs of double the amount owed, cancelled the mtg once, reinstated it 6 mos later, and showed on her statement that the "lender paid expenses" in one year were $999k!

This cash can be used for immediate needs or future growth of your portfolio.Reinvesting Strategically: The available cash can now be used strategically whether that be upgrading one of your existing properties or purchasing a new property.

Initially, one of the most important pieces of information is the area rents.

Louisiana law states that any tenant who breaks a lease and leaves early (except under some circumstances, and this isn’t one of them) must continue paying rent for the duration of the lease or until I find a new tenant, whichever happens first.

We did live in it for one year to satisfy the FHA loan and then moved out, so unfortunately it would have to be refinanced as an investment property with worse rates (8.1%) and higher LTV (25%).